int%rmitt]nt sig^al. ...~!...)
Mark NewtonI missed this last week.
The man the AFR experts thinks is “Australia’s newest datacenter titan” has never built a datacenter.
He lost $24 million in 2024. He has an MOU from Microsoft that says they’ll give him $2.5 billion if he turns up a datacenter in Laughton, UK, by the end of this year. That’s on the site he doesn’t actually own, which is currently running as a scaffolding yard (The Guardian broke that story)
On the strength of his $24 million loss and that MOU, Macquarie Bank has loaned him $105 million.
Last year Kier Starmer trumpeted his company as “British sovereign AI.” He has no AI, no British employees, and was based in Australia at the time. He’s built precisely nothing whatsoever since Starmer’s endorsement.
AFR wrote this article AFTER ALL THAT INFORMATION WAS MADE PUBLIC. “Datacenter titan,” no datacenters, losing money hand over fist, originating from Bitcoin grift.
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DDR
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